U.S. stocks mostly fell on Monday, with technology stocks like Nvidia driving the decline. Nvidia dropped 5% and is down 14% from its all-time high following a 143% rally this year. Investors are now awaiting PCE inflation data to be released on Friday. According to Constellation Research, the stock decline is due to profit-taking as … Read more
reported that Nvidia’s announcement of lower revenue expectations for the fourth quarter of 2021 has had a significant impact on the stock market. The stock prices of the S&P 500 and the Nasdaq both saw declines following Nvidia’s forecast adjustment. The tech giant’s lowered projections are attributed to supply chain disruptions and a decrease in … Read more
NVIDIA (NASDAQ:NVDA) shares are experiencing a significant decline, causing the Nasdaq Composite to fall as well. At the time of writing, NVDA stock is down 4.4%, leading to a 0.22% drop in the Nasdaq Composite on Monday afternoon. This marks the third consecutive day of trading that NVDA stock has been falling, potentially indicating a … Read more
Asian stocks mostly declined on Friday following a decrease on Wall Street that was driven by a drop in Nvidia shares. Japan’s Nikkei 225 ended relatively unchanged after a government report showed a slight increase in inflation. Australia’s S&P/ASX 200 rose slightly, while South Korea’s Kospi experienced a small decline. In Hong Kong, the Hang … Read more
Most Asian stocks fell on Friday following a setback on Wall Street triggered by a drop in Nvidia shares. Japan’s Nikkei 225 closed almost unchanged after a slight increase in the inflation rate was reported. Australia’s S&P/ASX 200 rose slightly, while South Korea’s Kospi and the Hang Seng in Hong Kong both fell. On Wall … Read more